I have been a merchant with Digital River’s subsidiaries since 2003. First with RegSoft then SWReg and now with Share-IT. The platform has always worked reasonable well, it’s not perfect but it did get the job done.
In August, I got an email saying that Capitalware was not under the current terms of service. For 21 years, Digital River would mail me a check around the 15th of the month for the previous month’s sales. The email said I would be paid roughly 45 days after the end of the month plus there were new fees. I figured ok fine, the accountants are just doing a little “nickel & dime-ing” for a little extra money.
Today, I read the following article and freaked out:
https://www.theregister.com/2024/10/15/digital_river_runs_dry_hasnt/
The article implies that Digital River may be entering a liquidation process.
I’m owed thousands and thousands of dollars and as a small business, I cannot afford to take that kind of hit.
Therefore, as of right now, I have disabled all Share-IT (aka MyCommerce) links (Buy Now button) on Capitalware’s web pages.
I’ll be looking into a new ecommerce platform. Of course, this is a terrible time for this to happen as next week is IBM TechXchange conference. If you need to make an online purchase, just send an email to sales@capitalware.com to request a payment link and I will set up a temporary PayPal link for you to make the purchase.
Sorry for any inconvenience.
Regards,
Roger Lacroix
Capitalware Inc.
